Abstract

The more original and provocative these which Joseph A. Schumpeter (1883-1950) developed in his work is that an heroic individual, the creative entrepreneur is the innovator of the dynamic economic system. This is the greatest personality who introduces new abilities to the productive forces of the economy. In this context, Nietzsche's thoughts have many similarities with those of Schumpeter's. On the other hand, there is a Nietzschean creative element in the vision of Schumpeter. As time passed, this element has been transformed into a more coherent analytical proposition to understand the very nature of the economic phenomenon. Despite the untestable character of some Schumpeterian analytical propositions, like the obsolescence of the entrepreneur or the danger of the decline of capitalism, we could have tolerance towards them in a rationally justified manner.

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